Market chatter: An agreement to soften stress tests conditions for Spanish banks
MADRID | By Jaime Santisteban | European Banking Association and the Bank of Spain agreed to take into account borrowers’ non-property guarantees to assess the situation of Spanish entities in the upcoming stress tests. Bankinter analysts believe that “such guarantees, which are usually pledging of assets like deposits, shares and/or by consignatures, mean a certainty of collection for banks.” Also, Amadeus has been one of the most attractive values in the Spanish Ibex 35.